Spanish Delivery App Glovo Raises $121M From Swiss Real Estate Firm Stoneweg To Build Out Delivery-Only Convenience Stores For Sub-30 Minute Delivery Times

glovo 121m swiss stonewegmunoz

Spanish delivery application Glovo receives $121 million in funding Swiss real estate company Stoneweg to develop convenience stores with delivery only for under 30 minutes delivery time The company Stoneweg will construct, renovate the property to aid Glovo grow. Glovo’s order for convenience goods have increased by 300 percent

spanish glovo swiss stonewegmunoz

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About the Author: uzair

Uzair is a features writer at He is a graduate of Emerson College and recently completed the MFA in writing.

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